Insurance For IT Consultants
Macario Insurance Group is a one stop shop for business insurance for IT consultants. We provide business insurance for IT consultants such as professional liability, general liability and errors and omissions in California, Arizona, Florida, Georgia, New York, Texas, Washington, and others. As IT consulting can cover many different services, it may be difficult for IT consultants to find the right coverage to fit their needs. We are here to help, with years of experience in working with IT consultants and IT consulting firms of all sizes.
Professional Liability Insurance – Errors and Omissions Insurance (E&O)
In order to protect themselves against potential claims and lawsuits, professional liability insurance is one of the most important business insurance coverages that an IT consultant can carry. Professional liability insurance, also known as errors and omissions insurance (E&O insurance for short), can help to protect an IT consultant against claims arising from mistakes or faulty work, bad advice, etc. If an IT consultant’s client accuses them of making a mistake in their work, or providing bad advice, professional liability insurance may not only just pay out if a claim is awarded but may also help to pay for the cost of legal fees associated with a claim. Even if no mistake has actually been made by the IT consultant, professional liability insurance may still help to defend against the claim.
General Liability Insurance
Being more of a physical coverage, general liability insurance typically picks up where professional liability stops: claims related to physical incidents such as accidental property damage or bodily injury to a third party such as a client are in most cases not covered under professional liability insurance. For those IT consultants that meet with or work at clients’ locations, general liability insurance can be an important coverage to help protect against accusations of damage to the clients property or even bodily injury. For those IT consultants that don’t actually work with clients in person, general liability insurance may also be needed in order to satisfy lease requirements with a landlord.
Other Business Insurance Coverages
IT consultants often have a need for additional business insurance coverages, such as cyber liability insurance, commercial crime insurance, and more. For more information about these additional coverages and for quotes, please contact us today.